Thailand is applying the philosophy of Sufficiency Economy, advocated and developed by His Majesty King Bhumibol Adulyadej, to national administration and all fields of development. This philosophy has become the country’s new approach to development strategies and policies, which are evident in the 10th National Economic and Social Development Plan, 2007-2011. It has three components: moderation, reasonableness, and a self-immunity system.

Together with this Sufficiency Economy concept, the vision of the current National Economic and Social Development Plan also seeks to develop Thailand into a “green and happy” society. Moreover, the Royal Thai Government has placed an emphasis on raising public awareness for leading a life of virtue to attain the goal of a more just, more equitable, and more sustainable society. It believes that promoting this emphasis in accordance with Sufficiency Economy will help build a “caring and sharing society” and lead to well-balanced and sustainable development.    

(INSIDE THAILAND REVIEW).

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